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Refining
Decision Analysis Training for Downstream and Chemical Installations
This interactive workshop helps teams facing major investments, strategic choices or complex project decisions in refining and chemicals. It introduces a structured, best practice approach to decision making that resolves cross-functional ambiguity and tackles key uncertainties and risks directly. Participants practise framing decisions, generating alternatives and building financial models to compare them.
- Discipline
- Refining
- Level
- Foundation
- Duration
- Flexible length
- Formats
- Classroom, In-house
Every course can be delivered in-house and tailored to your organisation.
Who should attend
Project team members, subject matter experts and decision makers in refining and chemicals who want a working knowledge of structured decision analysis.
What participants will be able to do
- Recognise and avoid common causes of decision failure
- Clarify roles and responsibilities of decision makers and teams
- Develop a broad range of creative alternatives
- Build a financial model to evaluate options
- Assess cash flow, risk and value creation
Topics covered
- Decision framing
- Decision quality
- Stakeholder roles
- Alternative generation
- Financial modelling
- Risk and uncertainty
- Value creation